Title: Chris Christie’s Supreme Court Gambling Case Could Impact Marijuana Laws
Author: Marijuana Moment (Referred By Andrew Sacks)
Date: 1 December 2017
A case being heard by the U.S. Supreme Court on Monday could have huge implications for the ability of states to legalize marijuana.
The case, Christie v. NCAA, centers on whether the Constitution’s anti-commandeering doctrine prevents the federal government from forcing states to keep prohibitions of certain federally- proscribed activities on their own lawbooks.
Title: No Bankruptcy Aid For Marijuana Businesses, Justice Department Officials Say
Author: Forbes (Referred Andrew Sacks)
Date: 5 December 2017
Extract: The U.S. Department of Justice is issuing another reminder that marijuana businesses don’t have a right to bankruptcy proceedings.
Title: Colorado credit union continues to fight for legal canna-business banking
Author: The Cannabist
Date: 30 November 2017
A Colorado credit union — once on the cusp of revolutionizing banking for marijuana businesses before being thwarted by the Federal Reserve Bank of Kansas City — has resumed its quest to open.
But going into the new year, The Fourth Corner Credit Union — a state-chartered credit union in Denver — again finds itself in a courtroom battle with the Kansas City Fed for the ability to open and serve marijuana businesses.
This time, the credit union is approaching the challenge with a new strategy — a scaled-back mandate to serve only advocacy groups rather than its previous, broader ambition to serve plant-touching businesses.
Whether the plan will work remains to be seen.
Title: Incoming NJ Gov. Murphy names head of cannabis trade group as chief of staff Pete Cammarano founded the New Jersey Cannabis Industry Association
Author: The Cannabist
Date: 28 November 2017
Murphy has named the head of a marijuana trade group as his chief of staff, and a new association for marijuana retailers has formed. The governor-elect vowed during his campaign to legalize the drug, and the growing industry is counting on him to quickly make good on the pledge.
“We have significant momentum,” said Sen. Nicholas Scutari, D-Union County, the sponsor of a marijuana bill. “It’s not just me anymore. People have come around to the idea that this takes drug dealers off the streets and would mean new revenue. There’s a million reasons to do this.”